JPMorgan Payments Taps Former Microsoft Treasurer to Lead Co-Innovation Team

Former Microsoft Corporate Treasurer and Chief Investment Officer Tahreem Kampton has reportedly joined JPMorgan Payments as a senior payments executive.

In this role, Kampton has been tasked with focusing on the future of payments, CoinDesk reported Friday (Sept. 9), citing a statement sent by JPMorgan.

“Specifically, he will lead co-innovation with key partners in payments, blockchain and the digital ecosystem where JPMorgan has already built a strong foundation,” the statement said, per the report.

Kampton held different roles at Microsoft from 1998 until his retirement from the company earlier this year, according to the report.

“We see a new landscape where information, assets and value flow seamlessly between physical, digital and virtual worlds — across borders, in outer space and even in the metaverse,” Kampton said in the statement provided by JPMorgan, per the report.

Speaking with PYMNTS’ Karen Webster in June, Kampton noted that during his time with Microsoft he and the world saw the Y2K scare, the dot-com crash, the Great Recession and the pandemic.

See also: Former Microsoft Treasurer: Real-Time Treasury Helps CFOs Gird for Black Swans

Planning and trying to stay three steps ahead of what lies ahead — whatever it may be — is everything for the chief financial officer (CFO) and the treasury team, Kampton said at the time.

“You plan for the worst and hope for the best,” Kampton said. “Trying to have a game plan for everything is hard, of course. But it’s important.”

JPMorgan Payments offers payments solutions customized for businesses, according to its website.

For example, it was selected in March by Sightline Payments as the main merchant acquirer and payments processor for Sightline’s Play+ ecosystem that allows consumers to engage in sports betting, lottery, racing and online and brick-and-mortar casino purchases in more than 40 states.

Read more: Sightline Taps JPMorgan Payments as Play+ Processor

“JPMorgan Payments will help us solve some of the biggest payments challenges our industry faces and provide real solutions to the millions of consumers who enjoy the modern, omnichannel gaming experience,” Sightline co-CEO Omer Sattar said at the time in a press release.